align="center">CHAPTER 26. SPRING LAKE SPECIFIC PLAN BUILDING UNIT ALLOCATION PROGRAM
Sec. 26-4-40. Excess BUAs.
If, as a result of assigning BUAs pursuant to the foregoing procedures, a
parcel would be assigned BUAs in excess of its MD, the city shall instead assign
these “excess” BUAs as follows:
(1) If a class A parcel would
received BUAs which, when added to the BUAs previously assigned to that parcel
would exceed that parcel’s MD, the city shall assign the excess BUAs to
other class A parcels until all class A parcels are assigned BUAs equal to their
MDs;
(2) After each class A parcel receives BUAs equal to its MD, the city
shall assign the excess BUAs to class B parcels.
(3) If a class B parcel
would be assigned BUAs in excess of its MD, the city shall assign such excess
BUAs to other class B parcels until all class B parcels receive BUAs equal to
their MDs.
(4) After each class B parcel receives BUAs equal to its MD, the
city shall assign the remaining BUAs to class C parcels.
(5) In each case
where “excess” BUAs are assigned (e.g., among class A parcels or
from class A parcels to class B parcels, or among class B parcels or from class
B parcels to class C parcels), such assignment among similarly situated parcels
shall be based upon the ratio of the base allocations of those parcels for the
applicable release. (Ord. No. 1343, § 3, (part).)
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